The role of carbon pricing in energy-transitions research and policy
This chapter examines the relevance of carbon pricing for transition policy. It argues that carbon pricing should be a key element of a broader transition policy as it triggers multiple processes that critically matter to a low-carbon transition. Since carbon pricing has been criticized by various r...
| Autores: | , |
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| Tipo de recurso: | capítulo de libro |
| Fecha de publicación: | 2022 |
| País: | España |
| Institución: | Universitat Autònoma de Barcelona |
| Repositorio: | Dipòsit Digital de Documents de la UAB |
| Idioma: | inglés |
| OAI Identifier: | oai:ddd.uab.cat:277717 |
| Acceso en línea: | https://ddd.uab.cat/record/277717 |
| Access Level: | acceso abierto |
| Palabra clave: | Carbon tax Carbon market Transition studies Innovation policy Climate policy Energy policy Policy mix |
| Sumario: | This chapter examines the relevance of carbon pricing for transition policy. It argues that carbon pricing should be a key element of a broader transition policy as it triggers multiple processes that critically matter to a low-carbon transition. Since carbon pricing has been criticized by various researchers in transition studies, their concerns and arguments are evaluated here. The chapter further draw attention to the international dimension of a transition to a low-carbon economy, given that climate policy is a global public good and thus amenable to free riding by countries. In addition, it clarifies the need for a policy instrument that avoids counter-productive systemic effects, such as carbon leakage and energy rebound. It is explained that carbon pricing performs relatively well in both respects. In addition, the role of carbon pricing as part of a wider policy package is examined, accounting for positive and negative synergies between instruments. The chapter ends with proposing that transition studies pay closer attention to carbon pricing, providing various recommendations for research. |
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